ARLINGTON, Va.—NAFCU has sent a letter to the Financial Accounting Standards Board urging it to reconsider its current expected credit loss standard.
Fresh Today
BELLEVUE, Wash.—A new study by travel website Expedia has found that travelers now consider their mobile device to be the "single most indispensable" item that they take with them when traveling—rating it higher than their toothbrush, deodorant or driver’s license.
FARMINGTON HILLS, Mich.—Community Choice CU said it is paying $1,811,283—more than 40% of its 2015 net earnings—back to members as part of its 2015 GetBigReward$ program.
SAN JOSE, Calif.–Barbara Kamm, the president and CEO of Tech Credit Union has announced she will retire in May.
MALVERN, Penn.–Akcelerant, a Temenos company and provider of software and services to the financial industry, is reporting it closed 2015 with another thriving year in sales.
RAPID CITY, S.D.–Midwest Business Solutions, a CUSO based here that specializes in business lending, is now operating under the name PACTOLA.
WASHINGTON—CUNA said it is broadly supportive of NCUA’s proposed changes to its chartering and field of membership (FOM) rules, but has also offered a number of suggestions it would also like to see.
WASHINGTON–The home ownership rate in the U.S. ticked up ever so slightly in the fourth quarter of 2015, but it was below the figure for one year earlier.
IRVINE, Calif.–While home ownership rates are rising and the economy has improved, a significant number of U.S. homes remain underwater.
FENTON, Mich.–The former CFO who allegedly stole $20 million from his credit union over a 12-year period could go free, depending on the outcome of a competency evaluation.